A very good and informative article. Thank you for sharing this Ricky.
Glad to see in writing that My Waltrip said infant formula is on the agenda, just waiting for the right time. Great management because they are thinking hard and planning well ahead of infant formula launch in the US. They are not entering prematurely which shows management think things through rather than just going for it to make a juicy announcement.
And also his comment regarding investing in marketing ahead of the curve - i.e. they are fully confidant it will pay off otherwise they would not have taken the risk.
Ann: Appointment of Chief Executive Greater China, Li Xiao, page-13
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